Repository: UIHistories Project: Board of Trustees Minutes - 1926 [PAGE 49]

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46

board of trustees

[September 26,

BUILDING F O R BLACKSMITH S H O P (21) The Supervising Architect informs m e that we must move the barns and blacksmith shop just west of Fourth Street on the Stadium site. H e states that the new buildings which we are creating for Agriculture will practically replace the barns, although he thinks that we shall have to leave a garage on the premises and build a shelter where cattle in quarantine can be kept on the south farm. He asks an appropriation of $2,000 for the erection of the building for the purpose indicated and I recommend the appropriation from the Reserve and Contingent Fund. O n motion of M r s . E v a n s , this appropriation w a s m a d e , b y the following vote: A y e , M r . Armstrong, M r s . Blake, M r s . Busey, M r s . E v a n s , M r s . Grigsby, M r s . Ickes, M r . Noble, M r . Trees; no, none; absent, M r . Blair, M r . Small, M r . Trimble.

PURCHASE OF THE ELLS LAND

(22) A statement concerning the purchase of the Ells land (See minutes, July 9,1924, page 5). T h e Executive C o m m i t t e e m a d e the following report o n this matter. The Board of Trustees, University of Illinois: Your Executive Committee was authorized on July 14, 1914, to purchase what is known as the Ells land, at the price of $850 an acre, on condition of securing a deed from Carrie M . Hodges, Marjorie Hodges, and Harry Ells, and their respective husbands and wives, if any. W e beg leave to report that we have been unable to conclude such purchase under the terms of the authorization for the reason that Harry Ells has not yet executed, or indicated his willingness to execute, such a deed. Your committee represents that it has secured from Carrie M . Hodges and Marjorie Hodges an option for the purchase of said land, a copy of which is hereto attached. Your committee recommends that the option heretofore made be accepted and that the said land be purchased at the price of $850 per acre, provided a satisfactory deed be executed and accompanied by an abstract showing the title to be perfect. W . L. Noble, Chairman Laura B. Evans Merle J. Trees E e u i e Committee xctv OPTION FOR THE SALE OF REAL ESTATE IN THE STATE OF ILLINOIS In consideration of One Dollar ($1.00), receipt whereof is hereby acknowledged, we the undersigned, hereby agree to give to the Board of Trustees of the University of Illinois the option to buy the following described real estate in the County of Champaign, State of Illinois, to-wit: AH of the North half of the North East Quarter lying east of the Illinois Central Railroad, in Section twenty-four (24), Township nineteen (19) North Range eight (8) East of the 3rd P. M . Said Board of Trustees of the University of Illinois shall have the right to close this option at any time within ninety (90) days from date, and we agree to execute to it, or any person named by it, a good warranty deed to said real estate and to furnish thereof an abstract of title, showing said title to be perfect, upon demand thereof. Upon execution of said deed and abstract, we shall he paid the sum of Eight Hundred Fifty Dollars ($850.00) per acre as full payment of the purchase price of said real estate. W E F U R T H E R A G R E E neither to sell nor incumber said real estate during said term of ninety (90) days.